Answer
1. It is difficult to completely overcome the seasonality but disclosing the nature of seasonality and the patterns of revenue and expenses over the year helps the users to understand the quarterly reports properly.
2. One way is to moderate the fixed costs on the basis of forecasted sales. So higher fixed costs will be charged in the periods in which more sales are made. However, this gives tentative data, not the exact data.
3. The interim reports should be supplemented with information for the complete year ending as at the date ending on the interim period.
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